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The Finance Manager of HLL Company, a large energy provider, has organised a finance function staff meeting to discuss the potential use of big data systems.

The main point on the meeting agenda is whether the business has the available resources to store and manage the data that will be available and whether it has the financial resources to upgrade the information technology systems.

Which of the following features of big data will these discussions most likely involve?

Options:

Volume

Variety

Veracity

Velocity

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Question 2

The structure of an organisation is likely to change as the organisation develops and grows. Which type of structure is associated with an organisation which is in its early days?

Options:

Entrepreneurial

Functional

Divisional

Matrix

Question 3

Which of the following is NOT a key feature of total quality management (TQM)?

Options:

A staff appraisal system is used

Management is committed to improvement

All value chain participants are involved

Costs for failure are reduced

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